STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Choice Broking VS Prostocks)

 
 

Choice Broking Vs Prostocks

Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs Prostocks - Broker Details

Choice Broking Prostocks
Single Margin Facility
Year of Incorporation 2010 2016
Exchanges NSE, BSE, MCX, NCDEX, and ICEX. BSE and NSE
Branches 50+ 2
Brokerage 0.02% ₹15/ Order
Broker Type Full service Broker Discount Broker

Choice Broking Vs Prostocks - Account Opening & AMC Charges

Choice Broking Prostocks
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹200+GST ( 2nd Year onwards) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Choice Broking Vs Prostocks - Brokerage charges & Plans

Choice Broking Prostocks
Commodity Futures 0.02% ₹15/ Order
Currency Futures 0.02% ₹15/ Order
Equity Delivery 0.2% ₹0
Equity Options ₹25/Lot ₹15/ Order
Commodity Options ₹50/Lot ₹15/ Order
Equity Futures 0.02% ₹15/ Order
Currency Options ₹20/Lot ₹15/ Order
Fixed Charges 0.02% ₹15/ Order
Equity Intraday 0.02% ₹15/ Order

Choice Broking Vs Prostocks - Other Charges

Choice Broking Prostocks
RMS Square Off Charge ₹0 (Free) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
API Charges - ₹1000/Month
Call & Trade Charges ₹0 (Free) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
Other Brokerage Charges ₹25/Lot ₹15/ Order
Minimum Brokerage 0.02% ₹15/ Order

Choice Broking Vs Prostocks - Transaction Charges

Choice Broking Prostocks
Currency Options NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE ₹4,000/Cr | BSE ₹100/Cr
Equity Futures NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% NSE ₹200/Cr | BSE ₹50/Cr
Equity Intraday NSE/BSE:- 0.00345% NSE ₹345/Cr | BSE ₹345/Cr
Equity Options NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% NSE ₹5,300/Cr | BSE ₹2,500/Cr
Commodity Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% N/A
Currency Futures NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% NSE ₹90/Cr | BSE ₹22/Cr
Equity Delivery NSE/BSE:- 0.00345% NSE ₹345/Cr | BSE ₹345/Cr

Choice Broking Vs Prostocks - Margin (Exposure)

Choice Broking Prostocks
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Choice Broking Vs Prostocks - Features

Choice Broking Prostocks
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking Vs Prostocks - Review & Rating

Choice Broking Prostocks
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Choice Broking Vs Prostocks - Request a call back from Broker

Choice Broking Prostocks

Choice Broking Vs Prostocks - Investment Options

Choice Broking Prostocks
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Choice Broking Vs Prostocks - Order Type

Choice Broking Prostocks
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Choice Broking Vs Prostocks - Research & Report

Choice Broking Prostocks
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Choice Broking Vs Prostocks - Daily Market Report

Choice Broking Prostocks
Daily Market Reports & News

Choice Broking Vs Prostocks - Suitable For Investor

Choice Broking Prostocks
Casual Investor
Active Investor
Trader

Choice Broking Vs Prostocks - Pros & Cons

Choice Broking Prostocks
Pros 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. 1.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response.
Cons 1. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. 1. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service.

Choice Broking Vs Prostocks - Background

Choice Broking Prostocks

Choice Broking Vs Prostocks - Compare All Brokers

Choice Broking Prostocks

Choice Broking Vs Prostocks - STT/CTT

Choice Broking Prostocks
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on the Sell Side
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both Buy and Sell
Equity Futures 0.01% on Sell Side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Choice Broking Vs Prostocks - Demat transaction charges

Choice Broking Prostocks
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹15 + Gst per scrip per day only on sell

Choice Broking Vs Prostocks - GST

Choice Broking Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges

Choice Broking Vs Prostocks - SEBI Charges

Choice Broking Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Choice Broking Vs Prostocks - Account Opening & AMC Charges

Choice Broking
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Choice Broking Vs Prostocks

Choice Broking Prostocks
 

Choice Broking Review | Brokerage Charges, Account Opening


Choice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 by ..
+ " Vs "+ Prostocks

ProStocks Review | Brokerage Charges, Account Opening

Prostocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m ..
 
 

Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Choice Broking Vs Prostocks - Brokerage charges & Plans

Choice Broking Prostocks
Commodity Futures 0.02% ₹15/ Order
Currency Futures 0.02% ₹15/ Order
Equity Delivery 0.2% ₹0
Equity Options ₹25/Lot ₹15/ Order
Commodity Options ₹50/Lot ₹15/ Order
Equity Futures 0.02% ₹15/ Order
Currency Options ₹20/Lot ₹15/ Order
Fixed Charges 0.02% ₹15/ Order
Equity Intraday 0.02% ₹15/ Order

Choice Broking Vs Prostocks - Margin (Exposure)

Choice Broking Prostocks
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Choice Broking Vs Prostocks - Other Charges

Choice Broking Prostocks
RMS Square Off Charge ₹0 (Free) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
API Charges - ₹1000/Month
Call & Trade Charges ₹0 (Free) Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
Other Brokerage Charges ₹25/Lot ₹15/ Order
Minimum Brokerage 0.02% ₹15/ Order

Choice Broking Vs Prostocks - STT/CTT

Choice Broking Prostocks
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on the Sell Side
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both Buy and Sell
Equity Futures 0.01% on Sell Side 0.01% on Sell Side
Commodity Options 0.05% on sell side 0.05% on sell side

Choice Broking Vs Prostocks - Demat transaction charges

Choice Broking Prostocks
Equity Demat Transaction Charges ₹10 + GST per scrip only on sell ₹15 + Gst per scrip per day only on sell

Choice Broking Vs Prostocks - GST

Choice Broking Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges

Choice Broking Vs Prostocks - SEBI Charges

Choice Broking Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Choice Broking Vs Prostocks - Features

Choice Broking Prostocks
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund

Choice Broking

Prostocks